$XRP
XRP is the cryptocurrency used by the Ripple payment network, which aims to facilitate fast, low-cost international money transfers.
Here are a few key points about XRP:
Purpose: Unlike Bitcoin (a decentralized currency), XRP is designed for use by financial institutions for cross-border payments.
Speed: Transactions are typically confirmed in seconds.
Supply: XRP has a max supply of 100 billion coins, most of which were pre-mined.
Issuer: XRP was created by Ripple Labs, which has faced legal challenges from the U.S. SEC regarding whether XRP is a security.
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